Question

What does the term "Rural sector" mean according to IRDA (Obligations of Insurers to Rural Social Sectors) Regulations, 2002?

a.

Any area with a population of less than 10,000

b.

Places or areas classified as rural in the latest decennial population census

c.

Areas with primarily agricultural activities

d.

Geographical regions with limited urban development

Answer: (b).Places or areas classified as rural in the latest decennial population census Explanation:"Rural sector" is defined as any place or areas classified as rural while conducting the latest decennial population census.

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Q. What does the term "Rural sector" mean according to IRDA (Obligations of Insurers to Rural Social Sectors) Regulations, 2002?

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